The Equilibrium, a key to success!

Hello TooSlow, thank you, I'm glad if you like the topic. In the next video there is an opportunity to find out which type of trader you belong to. I wish you a nice weekend. Greetings Michael

What type of trader are you?


Hello dear algorithm traders,


Today's post was very laborious to create, because I translated the most important content from my video into English again especially for you. Since there are different terms for certain words, there may be errors or inconsistencies in my translation. I ask for your understanding, although I have tried very hard. Unfortunately, I was only able to translate the 10 most important slides. If you want to create this trader analysis optimally, I ask you to proceed as follows. Read my English text first and then watch the video. There you can see exactly how to proceed with the analysis. Then you can answer the questions and make your evaluation. I wish you alot of fun. You can find all the questions in English on my blog at Forex Factory. Here is the link:

https://www.forexfactory.com/thread/...5#post13667535



I wish you a lot of fun and good luck in trading

Best regards Michael

What does volume trading bring?

Hello dear traders,

over the past twelve years, volume trading has been pushed by many trading coaches because it has been a very lucrative source of income for them. In today's post, we're going to take a close look at how volume trading increases our probability of winning. Can you actually determine most of the reversal points with volume trading in advance and is it worth booking the expensive volume seminars of the trading coaches? In this respect, today is a very interesting topic that I think will open the eyes of many traders. However, as with all free information, in the end each participant will have to decide for themselves how to use this information for themselves.



I wish you a great weekend

Greetings Michael

Quoting Bionics

Disliked

What does volume trading bring? Hello dear traders, over the past twelve years, volume trading has been pushed by many trading coaches because it has been a very lucrative source of income for them. In today's post, we're going to take a close look at how volume trading increases our probability of winning. Can you actually determine most of the reversal points with volume trading in advance and is it worth booking the expensive volume seminars of the trading coaches? In this respect, today is a very interesting topic that I think will open the...

Ignored

In my experience, the principles of trading in/through the financial markets have not changed at all in over 1000 yrs...... yes that says 1000. Although the way they "look" may be different it's the same as it was for merchants on the trail as well as in the bazaar. Of course, herein sits the problem .... 'modern man' knows little to nothing about true history, so their memory is weak and full of holes and full of things that simply aren't true. Volume is an interesting subject for "traders" because to one person it's BS and to another it's "the best thing ever". But to me, volume is just the ice cream scoop on top of the ice cream cone. What I see is that most people 'on and off the field' do not evolve. I'm not referring to "Darwin's theory" etc, but to the basic precept of a person. In trading, if you become too reliant on the ice cream scoop, then you automatically absorb the belief that it is 'necessary and useful'. This is a mistake, it need only be a stepping stone. "The Modern person" trusts technology over themself and so now, we are walking into a trap. Trading in principle, and its rudimentary ingredients have not changed. People call tools the solution and forget that some people have been doing it a lot longer (and better) and have realized certain things about what is considered real.

What I see is that people do not evolve beyond their reliance on that external feed/source. They do not map what they have learned and so, never truly learn anything. There are specific stark truths present in trading and a computer screen can never replace having a knowledge of these things. I know a friend of my son's who only uses Excel and the interval OHLC and a straight horizontal line on his graph/price chart and he returns well over the industry average each week. How? How is this possible? What I and a friend of mine taught him is this - all the modern conventional ways to think and view your tools and resources are a shackle, as is conjuring up some contrarian mindset to explain or justify something. The real test is in making it real, not "simple". (Simple does not mean good/better nor does modern.) He returns in real terms, after tax etc, more than 15% ROROI (Rate of return on investment) per week by keeping it real and by understanding that everything people bitch and winge about these days have ALWAYS been involved in one form or another.

Volume is a tool. Most people from what I have seen, do not know how to use it. They believe it gives them 'insight' in the moment of putting on a trade but really it's creating future patterns of thinking and behaving. A super-dependence on externals. So, real and simple are not the same. I'd say it's time people wake up to themselves and realize the following - "What hath been given can surely be taken back." Modern life junkies would be left inept in a situation where real is the only option and "simple" in conventional terms is no longer an option.

Thank you Michael for allowing me to bring this up.


Peter

Would you be so kind and post an example chart showing the horizontal line,?

Thanks, Mate. CHEERS!

Equilibrium, the key to success

Hello Peter,

I agree with you in many areas, but not on all points. When I started my blog at Forex Factory 3.5 years ago, I chose the name Bionics. Bionics is based on the assumption that living nature develops optimized structures and processes from which humans can learn. The earth is almost 4.5 billion years old and during this time nature has developed incredible things that we are already benefiting from today. A well-known example of this is Leonardo da Vinci's idea of transferring the flight of birds to flying machines. Or let's think of dragonflies and the helicopter. Nature has also brought the lotus effect into our lives, things that clean themselves because no dirt sticks to them. The idea of transferring from biology to technology is the central element of bionics. Anyone looking for a new innovation should always steal from nature. The laws of nature also prevail on the stock exchange, from which we can learn every day. The basics of the laws of nature, of course, do not change, but the way in which these laws of nature are viewed and interpreted in today's modern world does. In the Stone Age we didn't need an ABS system because there were no vehicles. And even reverse thrust for airplanes would have been a pointless invention at that time. Of course, one cannot uncover the truth of stock market trading from a screen alone, but even the most experienced trader would be incapable of acting without screens. The trick is to use the laws of nature and at the same time modern technology to achieve the goal more efficiently. Of course you can use an Excel table to calculate coefficients in retail, but I can also make it easier for myself with a computer and spend the time I have gained with my family. I'm not in retail to make more money, but to have more time for the things that really matter. And that's exactly why I need modern technology. Mobile phones are also supposed to save people more time, and what are they doing instead? Facebook, TikTok and Instagram rob him of more time than before without a cell phone. Modern technology is good if you can manage without it. But that's no reason to give them up entirely. In everything we do we have to keep the word "too" in mind. "Too" much exercise is unhealthy, as is "too" little exercise. So we have to find our balance, because that's where our success lies.

PS: It's not for nothing that this blog is called: Equilibrium, the key to success.

Greetings Michael

Concrete chances against big players

Hello dear traders,


in my last two videos I showed you how to analyze your strengths and weaknesses in order to increase your chances and minimize the risks. Today we want to compare the strengths and weaknesses of the big players with the retail traders and work out where our greatest opportunities lie. As always, it is my personal opinion, which of course can be very different from other traders. Many traders assume that the big players have formed a secret consortium, coordinate, work together and manipulate prices. In addition, I cordially invite you to take part in our new project.



I wish you a nice day

Greetings Michael

Quoting Bionics

Disliked

Equilibrium, the key to success {quote} Hello Peter, I agree with you in many areas, but not on all points. When I started my blog at Forex Factory 3.5 years ago, I chose the name Bionics. Bionics is based on the assumption that living nature develops optimized structures and processes from which humans can learn. The earth is almost 4.5 billion years old and during this time nature has developed incredible things that we are already benefiting from today. A well-known example of this is Leonardo da Vinci's idea of transferring the flight of birds...

Ignored

...... Fair enough. All I can say is, you have more to learn. But that is another discussion entirely. Thank you for your reply. I won't clog up this thread anymore, unless you or others wish to continue this line of inquiry.


Peter

Don't we all have to learn something new every day? Of course, I also have to learn a lot, because that is exactly what makes a successful trader. Learning is like rowing against the current, if you stop, you will be carried along with the current. And that's why I work on it every day to expand my knowledge. But as an enlightened person, I always decide for myself which knowledge will help me in the end or what will waste my time. Many discussions about whether or not a sack of rice falls over in China don't get me anywhere, so I stay away from it. I am a practitioner and prefer to exchange ideas with experienced traders in live trading. That brings me a lot more.

By the way, there is a nice quote:

Beware of people who know everything better and put themselves above you, because they spoil every good thought and idea. Connect with people who think differently, because they not only enrich your thoughts and ideas, but also your life.

I hope that with this we can end this kind of discussion. However, I am available for practical trading approaches.

Greetings Michael

Who brakes, loses

Hello dear traders,

today's post is about the most important topic that affects both beginners and advanced traders. Of course, this not only applies to trading, but also to many situations in our lives. Everyone knows that moment when you think about giving up. The thought is seductive because it's easier to give up than to keep pursuing your goal. The decisive factor is that people with particularly high ambitions always have to accept setbacks and this is exactly where the wheat separates from the chaff. There have always been people who have already achieved the impossible. Whether they built a global corporation out of a garage, conquered an illness or achieved something nobody believed in. Continuing where most people give up is what makes us oustanding and has produced many “winners”. If our path were always easy, everyone would walk it. 99 percent of the time it's just our thoughts that make us fail. Let's see how we can trick these thoughts with different measures.



I wish you a nice day

Greetings Michael

The big players' iceberg orders

Hello dear traders,

In today's post we will take a closer look at the iceberg orders. What is the difference between native and synthetic iceberg jobs, where and when are they used? We create a profitability analysis of iceberg orders compared to normal limit and market orders and look at some examples where iceberg orders are increasingly used. The distribution of iceberg orders based on the total volume is also interesting. As always, my contributions are only about my personal opinion or experience. The measures available to traders have not changed significantly for centuries and probably millennia since the first type of trading venues were established. The speed with which certain orders are delivered to the exchange, how the exchanges process them and give appropriate feedback has changed significantly. Also, the market data has changed significantly, mainly due to the improved technology and bandwidth. Market data today enables much greater market transparency.




I wish you continued success

Kind regards Michael

Debt Prop Trading

Hello dear traders,

Today's post is about trading with dept capital, also known as prop trading. Many beginners dream of trading with dept capital without making a loss and at the same time making a lot of money with this strategy. Today we look at different models of proprietary trading, analyze the advantages and disadvantages and also take a look at the legal and tax aspects. Since each of your situations is of course different, you should definitely consult a tax advisor, lawyer or auditor before concluding a contract with a prop company in order to get a personal overview. There are also different contracts and offers with the prop companies, which of course cannot all be taken into account. Nevertheless, today you will learn things that you would not have expected and how you can protect yourself from them. The examples created in this video do not constitute tax or legal advice, I always recommend that you consult an appropriate professional.



I wish you a nice day

Greetings Michael

Identification of the iceberg orders

Hello dear traders,

today we will deal more closely with the identification of the iceberg orders. We look at an example of how a big player makes volume available to himself without performing a currency exchange. What is the difference between MBO and MBP data and is MBO data really worth it? There are some providers of stock market software who promise that they can be used to identify the majority of iceberg orders, which we will also take a closer look at.



I wish you continued success

Kind regards Michael

An alle deutschen Trader

Hallo liebe Trader,

ihr kennt ja bereits die Bionic Kerze, die seit 2019 knapp 20.000mal runtergeladen wurde. Dafür habe ich auch einen englischen Thread erstellt, wo ich bisher 8 englische Videos über die Bionic Kerze veröffentlicht habe. Diese 8 Videos habe ich nun extra für euch in Deutsch übersetzt und dafür einen deutschen Kanal eröffnet. Damit wird der Austausch für alle die Deutsch sprechen noch einfacher.

https://www.forexfactory.com/thread/...ex-algorithmen

Da die Hauptsprache bei FF Englisch ist, befindet sich der deutsche Thread in der Members Lounge. Dafür müsst ihr bei Forex Factory registriert sein, sonst kommt ihr dort nicht rein. Bei YouTube sind die Videos übrigens nicht öffentlich zugänglich.

Ich hoffe, dass ich euch damit weiterhelfen konnte und freue mich auf einen weiteren Austausch.

Ganz liebe Grüße Michael

How does stock market / DoM

Hello dear traders,

In today's post, we'll take a look at how the stock market actually works and why many traders get fail even with the highly acclaimed volume trading. To this end, I have created a very interesting comparison for you today that will bring you right in the eye of the tornado and thus give you a better understanding of the actual cause of the price movement. In principle, I explain here in the simplest way how the DoM works in the stock market. At the end I will give you an understanding of my exact approach in trading and why it works so well.

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I wish you a great weekend

Greetings Michael

Projekt Bionic Zonen


Hello dear bionic traders,

Today's post is about an exciting project to which I would like to invite all German-speaking traders. This is about my bionic candle, which was developed many years ago and follows the institutional approach of the big players. Eight months ago I created a new thread for this at Forex Factory (the largest trader platform in the world), but there are many traders in Germany who have a little difficulty with the English language. For this I have now created a German-language thread to which I would like to invite you today. I even produced eight German videos about the bionic candles, which you can of course find free of charge on this thread. Incidentally, these 8 videos are not available on YouTube. I look forward to you all.

Hallo liebe Bionic Trader,

in dem heutigen Beitrag geht es um ein spannendes Projekt zu dem ich euch alle einladen möchte. Hierbei geht es um meine, vor vielen Jahren entwickelte Bionic Kerze, die dem institutionellen Ansatz der Big Player folgt. Vor acht Monaten habe ich dafür bei Forex Factory einen neuen Thread erstellt, allerdings gibt es in Deutschland viele Trader die sich mit der englischen Sprache etwas schwertun. Dafür habe ich nun einen deutschsprachigen Thread erstellt zu dem ich euch heute herzlich einladen möchte. Dafür habe ich sogar extra acht deutsche Videos über die Bionic Kerzen produziert die ihr natürlich kostenlos auf diesem Thread findet. Diese 8 Videos stehen übrigens bei YouTube nicht zur Verfügung. Ich freue mich auf Euch.

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Ich wünsche euch eine sehr erfolgreiche Woche

Liebe Grüße Michael

Currency strength in forex

Hello dear traders,


Today's post is about currency strength, an advantage that you only get in the foreign exchange or forex market but not in the futures market. We look at the individual effects and whether you can use this information to increase your probability of winning. We also compare paid currency meters with free currency meters, the result will surprise you. With the right approach, by the end of my post you will be able to immediately identify the strength of 28 different currency pairs. You will of course get the appropriate tools from me. In addition, I cordially invite you to take part in our new project.

Inserted Video

I wish you a nice day.

Greetings Michael

Important message
for everyone who wants to work with my templates in the field of currency strength

Hello dear traders,

The Currency Strength Indicator (MADash), developed by honestknave, has been time locked for security reasons. Every year he became unlocked for free for all members. You should download the latest version here.

https://www.forexfactory.com/thread/...3#post13330853

Please exchange this (MADash) for the old MADash in my templates, then everything will work.

I wish you a nice day, greetings Michael

Quoting Bionics

Disliked

Important message for everyone who wants to work with my templates in the field of currency strength Hello dear traders, The Currency Strength Indicator (MADash), developed by honestknave, has been time locked for security reasons. Every year he became unlocked for free for all members. You should download the latest version here. https://www.forexfactory.com/thread/...3#post13330853 Please exchange this (MADash) for the old MADash in my templates, then everything will work. I wish you a nice day, greetings Michael

Ignored

Indeed. A great example of why each person needs to create their own indications and insights instead of outsourcing. A trading platform is not a toy unless the person is just curious about something to do with trading etc etc. Sorry to mention this Michael but it's a fact of Life.

Happy learning and trading.


Peter

Hi Peter,

you probably misunderstood the background of my blog at Forex Factory. Here people work together to support or help each other and not to philosophize. I don't feel offended or attacked, since a similar level of knowledge is required for this. Philosophy and science are often at odds and I don't want to waste time trying to change that. You wrote that you don't want to spam my blog and that I should give you a sign if you did. I would like to accept your suggestion and wish you all the best on your future life.

Greetings Michael